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Maritime News
Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs
Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one…
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Maritime News
Study: Seafarers Boost Philippines’ Economy by $17B Per Year
The Philippines prides itself as a leading shipping nation, with its seafarers representing more than a quarter of the world’s…
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Marine World
Virginia Class Submarine Program $17B Over Budget—Enough to Build a New Aircraft Carrier
The Virginia-class submarine project may exceed its budget by $17 billion—surpassing the price tag of an entire new aircraft carrier.…
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